CAclubindia Articles

Buy Back of Shares: Bye Bye Mauritius

Posted by CA. Bikash Bogi 11 April 2013 16625 Views

Mauritius is always a favourite among tourists across the world. However, Mauritius is also famous among worldwide investors for their tax friendly environment. As per an estimate 40% of portfolio inflows in India are coming from Mauritius. Like M

Infrastructure Financing

Posted by Dr. Anand Wadadekar 11 April 2013 16202 Views

At INFRASTRUCTURE FINANCING NEED OF MORE EFFECTIVE WAYS ABSTRACT Infrastructure sector in India has not been able to perform to its full capacity, majorly due to the Government red tapes, lack of funds and very long gestation perio

Individual value of Companies with cross holdings

Posted by Srikanthan 11 April 2013 32965 Views

Arriving at the individual values of listed Companies with cross holdings Instances of crossholdings, that is Company A holding shares in Company B and Company B holding shares in Company A are few and have by and large been reduced. There are how

VAT & Service Tax (Civil Works Contract)

Posted by Pushpanjali Raina 10 April 2013 145935 Views

DVATRule 3 of DVAT rules deals with Works Contract .Section 2 of DVAT Act explains that a "works contract" includes any agreement for carrying out for cash or for deferred payment or for valuable consideration, the building construction, manufacture,

No Service Tax Leviable on the issuance of Draft Invoices

Posted by Vishal 10 April 2013 13422 Views

With the Introduction of Point of Taxation Rules (herein referred as POT Rules), 2011, the government has primarily shifted the policy of collection of service tax on the realization of value of taxable services to the point when the service is de

Market Capitalisation Vs Enterprise value

Posted by Srikanthan 10 April 2013 11497 Views

Market Capitalisation Vs Enterprise value Typically when people discuss about stocks and shares, few key parameters discussed are Price earnings and Market Capitalisation. Market capitalization in simple terms is the cost of buying all the share

A Critique on Equating Growth in Market Indices To Returns

Posted by CA. Nirmal Ghorawat 10 April 2013 5726 Views

Why equating the Compounded Annual Growth Rate [CAGR] of market indices, BSE Sensex or NSE CNX Nifty, with returns to an equity investor is a material misstatement, particularly if it is a long period of time? I have often come across perceivably

When I stepped out of my Comfort Zone

Posted by CA girl 10 April 2013 17348 Views

We all have a set of friends, family members, acquaintances, familiar places, known institutions, etc around which we have lived our lives till this moment. But are you sure that is good for your personal

Capital gain exemption by virtue of article 13(4)

Posted by Rupesh Srivastava 09 April 2013 11596 Views

Recently ITAT bench held that, Article 13(1) cannot be made applicable to the transfer of shares as assessee has not sold the immovable property or any rights directly attached to the immovable property. Assessee is a company incorporated under th

How can YOU pedal India's growth?

Posted by Priyadarshan Banjan 09 April 2013 5478 Views

Knowledge is power- Abdul Kalam With great power come great responsibility- Ben Parker(Uncle of SpidermanJ, remember that scene in the car?) Right from our CPT days, we have been taught the meaning and importance of Econo